Valmec Limited, a diversified energy and infrastructure services company, provides equipment, construction, commissioning, maintenance, and asset integrity services to the oil and gas, resources, and infrastructure sectors in Australia.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.41|
|52 Week High||AU$0.17|
|52 Week Low||AU$0.41|
|1 Month Change||1.23%|
|3 Month Change||28.91%|
|1 Year Change||111.54%|
|3 Year Change||52.78%|
|5 Year Change||194.64%|
|Change since IPO||71.88%|
Recent News & Updates
Valmec (ASX:VMX) Is Experiencing Growth In Returns On Capital
If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
These 4 Measures Indicate That Valmec (ASX:VMX) Is Using Debt Extensively
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
|VMX||AU Energy Services||AU Market|
Return vs Industry: VMX exceeded the Australian Energy Services industry which returned -1% over the past year.
Return vs Market: VMX exceeded the Australian Market which returned 19.3% over the past year.
Stable Share Price: VMX is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: VMX's weekly volatility (7%) has been stable over the past year.
About the Company
Valmec Limited, a diversified energy and infrastructure services company, provides equipment, construction, commissioning, maintenance, and asset integrity services to the oil and gas, resources, and infrastructure sectors in Australia. Its services include gas compression and processing; process services engineering, procurement, and construction; infrastructure service construction; petrochemical and mining fabrication; electrical and underground services; civil and earthworks solutions; asset preservation, service, and maintenance; asset integrity and inspection; structural mechanical piping; electrical and instrumentation; and completions and commissioning services. The company is headquartered in Kewdale, Australia.
Valmec Fundamentals Summary
|VMX fundamental statistics|
Is VMX overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|VMX income statement (TTM)|
|Cost of Revenue||AU$110.04m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.07|
|Net Profit Margin||6.40%|
How did VMX perform over the long term?See historical performance and comparison
Is Valmec undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: VMX (A$0.41) is trading below our estimate of fair value (A$10.28)
Significantly Below Fair Value: VMX is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: VMX is good value based on its PE Ratio (5.9x) compared to the Global Energy Services industry average (16.4x).
PE vs Market: VMX is good value based on its PE Ratio (5.9x) compared to the Australian market (19.7x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate VMX's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: VMX's PB Ratio (1.4x) is in line with the AU Energy Services industry average.
How is Valmec forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Energy industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Valmec has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has Valmec performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: VMX has high quality earnings.
Growing Profit Margin: VMX's current net profit margins (6.4%) are higher than last year (0.2%).
Past Earnings Growth Analysis
Earnings Trend: VMX's earnings have grown significantly by 26.6% per year over the past 5 years.
Accelerating Growth: VMX's earnings growth over the past year (4008.9%) exceeds its 5-year average (26.6% per year).
Earnings vs Industry: VMX earnings growth over the past year (4008.9%) exceeded the Energy Services industry 1.3%.
Return on Equity
High ROE: VMX's Return on Equity (23.5%) is considered high.
How is Valmec's financial position?
Financial Position Analysis
Short Term Liabilities: VMX's short term assets (A$61.4M) exceed its short term liabilities (A$33.0M).
Long Term Liabilities: VMX's short term assets (A$61.4M) exceed its long term liabilities (A$7.4M).
Debt to Equity History and Analysis
Debt Level: VMX's debt to equity ratio (14.4%) is considered satisfactory.
Reducing Debt: VMX's debt to equity ratio has reduced from 49.4% to 14.4% over the past 5 years.
Debt Coverage: VMX's debt is well covered by operating cash flow (261.6%).
Interest Coverage: VMX's interest payments on its debt are well covered by EBIT (11.8x coverage).
What is Valmec current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate VMX's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate VMX's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if VMX's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if VMX's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: VMX is not paying a notable dividend for the Australian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of VMX's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Steve Dropulich has been Managing Director of Valmec Limited since February 2013. Mr. Dropulich served as Vice President and Managing Director at Enerflex AustralAsia Holdings Pty. Ltd.Mr. Dropulich s...
CEO Compensation Analysis
Compensation vs Market: Steve's total compensation ($USD377.91K) is about average for companies of similar size in the Australian market ($USD300.24K).
Compensation vs Earnings: Steve's compensation has been consistent with company performance over the past year.
Experienced Management: VMX's management team is seasoned and experienced (8.7 years average tenure).
Experienced Board: VMX's board of directors are considered experienced (3.5 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Valmec Limited's employee growth, exchange listings and data sources
- Name: Valmec Limited
- Ticker: VMX
- Exchange: ASX
- Founded: NaN
- Industry: Oil and Gas Equipment and Services
- Sector: Energy
- Market Cap: AU$51.927m
- Shares outstanding: 125.88m
- Website: https://www.valmec.com.au
Number of Employees
- Valmec Limited
- 17 Ballantyne Road
- Western Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/15 07:04|
|End of Day Share Price||2021/10/07 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.